Latvia grants $1,700 to poor countries
The exact figure is 800 lats (around $1,700).
Telegraph.lv online edition reports that the money will be spent on economic assistance to Moldova, Georgia, Belarus and Ukraine – where the authorities believe the situation is more difficult than in Latvia. It is not known, though, how the amount will be distributed between the countries.
In 2008, Latvia allocated 580,000 lats (around $1.24 million) on international cooperation, while this year the country spent 450,000 lats (around $960,000) for the same purpose.
The Latvian economy is suffering from the worst recession in the European Union. This has forced the government to take a series of unpopular measures, which have resulted in protests in Riga and across the country.